Credit card balances and delinquencies have been rising as consumer spending remains strong, but government support drops from pandemic levels. During the third quarter, large...
In recent years, the financial landscape has witnessed a transformative wave with the rise of buy now, pay later (BNPL) as a popular and widely...
Hudson Yards, a neighborhood in New York City, has announced a new collaboration with Mastercard, designating it as an official partner of the area. Known for...
Friendly fraud is a bit of a misnomer; first-party card misuse would be more accurate. That’s because, just like other types of fraud and cybercrime, friendly...
Consumers loaded up on debt even before the holidays and into Black Friday — and those of us living paycheck to paycheck may feel the...
Consumers’ total outstanding credit leapt by $23.7 billion in November after growing by $5.8 billion the previous month. Revolving credit accounted for $19.1 billion of...
Consumers expect the punishing pace of inflation to decline in the months and years ahead. But they’re reigning in their spending plans, too — a...
Americans ended 2023 dealing with increasing financial strain, relying more on personal loans. That’s according to a recent report by VantageScore, which warns that increased...
One innovation above all others dominated the headlines in 2023: artificial intelligence (AI). But while AI, particularly its impact on the payments landscape, captured public...